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Nine ways coming into effect of new taxes will hurt you

A customer at Khetia Supermaket in Nyeri. The price of cooking oil is expected to go up with new finance law. June 6, 2023. [Kibata Kihu, Standard]

The higher fuel prices that took effect at midnight are just the beginning of the rough times that Kenyans will have to grapple with, as the Finance Act 2023 comes into effect.

The Energy and Petroleum Regulatory Authority (Epra) yesterday increased pump prices to factor in the 16 per cent Value Added Tax, which was hiked by the Finance Act from 8 per cent.

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